Clarus Q4 Revenue Drops 8.4% to $65.4M but EPS Beats by 38.5%
Clarus reported Q4 sales of $65.41 million, an 8.4% year-on-year decline and a 5% shortfall versus estimates, while non-GAAP EPS of $0.09 beat forecasts by 38.5%. Full-year revenue guidance of $260 million midpoint fell 1.1% below consensus, but FY2026 EBITDA outlook of $10 million topped analyst estimates.
1. Q4 Results Summary
Clarus reported Q4 revenue of $65.41 million, down 8.4% year-on-year and missing estimates by 5%, while adjusted EPS rose to $0.09 per share, exceeding forecasts by 38.5%. Adjusted EBITDA of $1.17 million represented a 1.8% margin and lagged analyst projections by 72.6%.
2. Profitability and Margins
Operating margin improved to a negative 59.6% from negative 70.2% a year earlier, though the business remains unprofitable. Over the past five years, revenue has grown just 2.3% annually and EPS has declined by 33.5% per year, highlighting ongoing cost structure challenges.
3. Outlook and Guidance
Management set full-year revenue guidance at a $260 million midpoint, 1.1% below consensus, and issued FY2026 EBITDA guidance of $10 million at midpoint, surpassing the $9.36 million analyst estimate. Sell-side firms expect 5.6% revenue growth and 92.6% EPS growth over the next 12 months.